Energy economy

Solar Power Plant

Zaev: North Macedonia to Invest in 700 MW Solar Power Plant with Serbia, Albania

North Macedonia’s Prime Minister Zoran Zaev said after a meeting with the leaders of Albania and Serbia that they would jointly invest in a photovoltaic system…

Cooperation case

China's Fortune Global 500 Companies Rise to 143

Chinese companies have thronged the 2021 Fortune Global 500 list amid steady economic fundamentals and healthy business growth in the country.

Biofuel

Shell Biofuel JV Starts Trading

Shell has begun trading shares of Raizen, its renewable energy joint venture with Brazilian energy company Cosan, on the Sao Paulo Stock Exchange, following an …

Offshore Wind Power

Beatrice Offshore Transmission Assets (OFTO) Sold

The sale agreement follows the selection in December 2019 by Ofgem of Transmission Capital Partners as the preferred bidder for the offshore transmission licenc…

Energy-Eficient Building

EU Backs Financing for Greener Homes and Businesses in North Macedonia

On successful completion of the projects, borrowers will be eligible for up to 20% cashback, funded by the European Union.

Offshore Wind Power

TotalEnergies Eyes Stake in World’s Largest Offshore Wind Farm

TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French…

Solar Power Plant

PMSE Secures Financing for Cirata Floating Solar Plant in Indonesia

The floating solar plant is scheduled to begin commercial operations in the fourth quarter of next year.

Energy Investment

Hyundai to Take Stake in German Hydrogen Fuelling Group H2 Mobility

Hyundai Motor Co will invest in Germany's H2 Mobility network of hydrogen fuelling station operators, it said on Thursday, as it looks to support infrastructure…

Solar Power Plant

Enlight Acquires Solar and Energy Storage Developer

Enlight Renewable Energy has achieved all required regulatory approvals to acquire a 90.1% share of Clēnera LLC, a company in the field of initiation, developm…

Electricity Transmission

Victoria Plans Grid Upgrades to Support Renewable Energy Zones

The Australian state of Victoria has unveiled six grid upgrade projects as part of efforts to unlock new renewables investment.

Wind Farm

MET Group Acquires 60 MW Suvorovo Wind Farm in Bulgaria

Swiss-based gas and power trader and electricity producer MET Group has bought a 60 MW wind farm in Bulgaria within a plan to boost its operational renewable po…

India

India’s Adani Sets up Petrochemical Subsidiary

Major Indian conglomerate Adani Enterprises has set up a new subsidiary, Adani Petrochemicals, to invest in refineries, petrochemical complexes, specialty chemi…

Australia

Oil Search, Santos Close to Deal to Create Top 20 Global Oil Firm

Oil Search said on Monday it intended to recommend an improved buyout offer from Santos Ltd, worth A$8.4 billion, in a deal that would create a top-20 global oi…

Energy Investment

Dhaka Seeks US-Investment in Off shore's Oil, Gas Exploration

Tawfiq-e-Elahi Chowdhury encouraged ExxonMobil officials to invest in Bangladesh during a meeting held with senior officials of ExxonMobil at the Bangladesh Emb…

Crude Oil

Energy Import Bill up 131 pct in June 2021

Turkey's energy import bill increased by 131 percent to $3.63 billion in June this year compared to the same month last year.